What's wrong with health care?

Nobody understands the health care marketplace and its failings better than John Goodman and, in this short interview with Reason, he breaks down the crux of the issue quite well. His most recent book, Priceless, is a great read and its title is an indication of the central argument--since individuals are not price-sensitive in health care markets, their decisions are distorted and the price structure is unable to transmit the information that it does in other markets.

Huh. I seem to recall someone else having written about that topic recently...

Geoffrey Lawrence is the Director of Research and Legislative Affairs at NPRI. Geoffrey is a frequent commentator on public policy in print, radio and television news in Nevada and his work appears regularly in publications around the state and the nation. He is noted for having developed comprehensive proposals for reform of the state revenue structure, budgeting methods and spending habits.